This initiative, announced at Investcorp’s China-GCC Investment and Business Cooperation Summit, aims to attract institutional and private investors from the GCC, along with CIC
The fundraising had the participation of Sanabil Investment, a unit of Public Investment Fund, venture capital firm STV, and Salla’s existing shareholders
This investment is part of the recently launched Investcorp Saudi Pre-IPO Growth Fund LP, targeting equity growth capital investments across a range of companies primarily based in Saudi Arabia